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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1510 Hwy Driggs, ID 83422

1,600 SF 5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare investment opportunity in the heart of Driggs, Idaho. Situated on a generous 5-acre lot within the Driggs City limits and zoned for commercial use, this property offers significant potential for redevelopment or repurposing. The existing structure, a 1,600 square foot home, is currently leased as a residence and is being sold "as is." While the home has undergone some updating, it is considered an older building with a non-conforming use due to its long-standing presence. The property's location is highly desirable, situated just north of Driggs and directly adjacent to the Driggs City Community Resource Center, ensuring high visibility and accessibility. This prime location within the Driggs Commercial Corridor Zone provides excellent exposure to a thriving community. The asking price is $1,950,000, translating to $1,218.75 per square foot. This presents a unique chance to acquire a substantial parcel of land with an existing building in a rapidly growing area of Teton County, Idaho. The property is located at 1510 N Highway, Driggs, ID 83422. A 24-hour notice is required for showings of the existing house.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,600 SF
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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